Clifford Chance Advises Chinese Bank On Electricity Deal In Indonesia


LAWFUEL - Legal Announcement Service - Singapore: Leading law firm Clifford Chance has advised the Export-Import Bank of China on a US$615 million financing for PT Perusahaan Listrik Negara (PLN), Indonesia's state electricity company.
The Indonesian government guaranteed the 15-year loans. The funding will build two new power plants in Java that will greatly increase PLN's power generation capacity.

These are the first Indonesian government-guaranteed loans to be signed in the country. The government had previously issued support letters for PLN's purchase obligations under its power purchase agreement.
Singapore-based partner Ting Ting Tan advised the Export-Import Bank of China.

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Law Office Clifford Chance akan menjadi penasehat untuk Bank expor Impor China dalam peminjaman US$ 615 Juta oleh PLN untuk membangun Pembangkit tenaga listrik yg baru.

Moga moga deh Uang tersebut tidak di korupsi dan listrik bakalan mengalir lebih lancar.

Menurut saya ada baiknya uang tersebut di pakai untuk membangun Geothermal Electric Plants . Pembangkit listrik panas bumi.

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